|
#4
01-27-2004, 09:33 PM
| |||
| |||
 Re: higher education expenses linha26[at]juno.com (Linh) wrote: - quote - > Can I claim higher education expenses minus any grants even
Looks like you can't claim an expense if you use the GI Bill> though I am recieving money from my GI Bill? The GI Bill > does not count as income. money to pay it. See pub 970 (http://www.irs.gov/pub/irs-pdf/p970.pdf) bottom of page 6: bex << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
#3
01-27-2004, 09:13 PM
| |||
| |||
| Re: higher education expenses Linh posted: - quote - > Can I claim higher education expenses minus
Quoting Pub 17, "You must reduce the qualified education> any grants even though I am recieving money > from my GI Bill? The GI Bill does not count as > income. expenses by the amount of any tax-free educational assistance and refund(s) you received. Bill << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
#2
01-27-2004, 09:38 AM
| |||
| |||
| Re: higher education expenses Linh wrote: - quote - > Can I claim higher education expenses minus any grants even
Nevertheless, it is same as grants and scholarships when> though I am recieving money from my GI Bill? The GI Bill > does not count as income. figuring allowable deductions/credits. Cheer$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
#1
01-27-2004, 08:59 AM
| |||
| |||
| Re: higher education expenses Linh <linha26[at]juno.com> wrote: - quote - > Can I claim higher education expenses minus any grants even
Do not include GI Bill moneys in your education tax credit.> though I am recieving money from my GI Bill? The GI Bill > does not count as income. __ Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
01-27-2004, 08:40 AM
| |||
| |||
| Re: higher education expenses linha26[at]juno.com (Linh) writes: - quote - > Can I claim higher education expenses minus any grants even
As long as you're including the GI Bill payments in> though I am recieving money from my GI Bill? "grants," yes. See IRS Publication 970. Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
#-1
01-25-2004, 09:13 PM
| |||
| |||
| higher education expenses Can I claim higher education expenses minus any grants even though I am recieving money from my GI Bill? The GI Bill does not count as income. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| education, expenses, higher |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Money 2004(and higher)and Windows Mobile 2003 Second Edition 4.21. R Velting: Do any of the versions of of Money sync scheduled transactions with pocket pc? If so, please advise your configuration/version that does this. ... | Microsoft Money | 1 | 07-31-2006 05:16 PM | |
| Self-employed person's Education Expenses MichelleinAtlanta: My client has been self-employed as a graphic illustrator for several years. He already has a undergraduate and graduate degree. He has enrolled... | Taxes | 3 | 11-17-2003 09:44 PM | |
| Question about education and other expenses James Reichner: I have a general question about filing taxes. I currently work for a company in their IT department and I personally incur expenses that are not... | Taxes | 1 | 10-18-2003 03:27 AM | |
| Thread Tools | |
| Display Modes | |
| |
Linear Mode
